-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H3kUUP8j2GXgeCDyuMvn05AaH27gUkMmpT7+98oBK45ZPJIG3XkR0HmC2xv43Ft+ rQ1NbLQRJJ9Ou3961OsLGA== 0001163302-07-000031.txt : 20070614 0001163302-07-000031.hdr.sgml : 20070614 20070614145616 ACCESSION NUMBER: 0001163302-07-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070614 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070614 DATE AS OF CHANGE: 20070614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATES STEEL CORP CENTRAL INDEX KEY: 0001163302 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 251897152 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16811 FILM NUMBER: 07919774 BUSINESS ADDRESS: STREET 1: 600 GRANT ST STREET 2: ROOM 1500 CITY: PITTSBURGH STATE: PA ZIP: 15219-2800 BUSINESS PHONE: 415 433 2967 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES STEEL LLC DATE OF NAME CHANGE: 20011205 8-K 1 fm8k0614.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 ----------------------- Date of Report (Date of earliest event reported): June 14, 2007 United States Steel Corporation - ---------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-16811 25-1897152 --------------- ---------------------- ------------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 600 Grant Street, Pittsburgh, PA 15219-2800 ---------------------------------- ---------- (Address of principal executive (Zip Code) offices) (412) 433-1121 ------------------------------ (Registrant's telephone number, including area code) - -------------------------------------------------------------------------------- Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 2 Item 2.01. Completion of Acquisition or Disposition of Assets On June 14, 2007, United States Steel Corporation (U. S. Steel) announced the completion of its acquisition of Lone Star Technologies, Inc. (Lone Star). Lone Star is a leading producer of welded tubular products with the capacity to produce over one million tons annually. The aggregate purchase price was approximately $2.1 billion, which U. S. Steel financed through a combination of cash on hand and financing under its existing bank credit facilities and a portion of the proceeds of its May 16, 2007 offering of $1.1 billion in senior unsecured notes. Prior to the acquisition, Lone Star was a widely traded public company. The press release announcing the acquisition is filed herewith as Exhibit 99.1. Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release titled "U. S. Steel Completes Purchase of Lone Star Technologies" SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED STATES STEEL CORPORATION By /s/ Larry G. Schultz ------------------------ Larry G. Schultz Vice President & Controller Dated: June 14, 2007 EX-99.1 2 ex9910614.txt Exhibit 99.1 U. S. STEEL COMPLETES PURCHASE OF LONE STAR TECHNOLOGIES PITTSBURGH, June 14, 2007 - United States Steel Corporation (NYSE: X) announced today the completion of its acquisition of Lone Star Technologies, Inc. (NYSE: LSS). Commenting on the acquisition, U. S. Steel Chairman and CEO John P. Surma said, "This acquisition significantly expands our tubular product offerings, our production capacity and our geographic footprint. We welcome Lone Star's employees, customers and communities to the U. S. Steel family." U. S. Steel plans to combine the operations of Lone Star with U. S. Steel's Tubular Division under the leadership of Joseph Alvarado, who served as President and Chief Operating Officer of Lone Star. Mr. Alvarado has been named Vice President-Tubular Operations of U. S. Steel. The aggregate purchase price is approximately $2.1 billion, which U. S. Steel financed through a combination of cash on hand and financing under its existing receivables program, new bank facilities and a portion of the proceeds of its recent offering of $1.1 billion in senior unsecured notes. Lone Star shareholders will receive $67.50 in cash for each issued and outstanding share of Lone Star. U. S. Steel has appointed Mellon Investor Services LLC as paying agent for this transaction. Lone Star shareholders of record will be receiving a letter of transmittal and other instructions from Mellon and should submit their share certificates in accordance with the instructions. Lone Star shareholders who hold their stock through a broker, bank or other nominee should contact their broker, bank or other nominee concerning receipt of payment for their shares. -oOo- For more information about U. S. Steel, visit www.ussteel.com. -----END PRIVACY-ENHANCED MESSAGE-----